RobertB4444
Expert Alumni

Get your taxes done using TurboTax

@malletshop

 

You're entering depreciation for your newly acquired asset into TurboTax.  You will enter the original depreciation information for the asset that you gave up as the depreciation information for the newly acquired asset.  Then you will simply continue depreciation without interruption.  In your example that definitely includes the date of the asset that you gave up.

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